Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC trimmed its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 62.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 128,129 shares of the exchange traded fund’s stock after selling 215,333 shares during the period. Steel Grove Capital Advisors LLC’s holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF were worth $1,664,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in PDBC. Envestnet Portfolio Solutions Inc. raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 43,607 shares of the exchange traded fund’s stock worth $566,000 after purchasing an additional 2,907 shares during the last quarter. Principal Financial Group Inc. increased its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.0% during the third quarter. Principal Financial Group Inc. now owns 658,320 shares of the exchange traded fund’s stock worth $8,841,000 after acquiring an additional 48,490 shares during the last quarter. US Bancorp DE raised its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 10.3% in the fourth quarter. US Bancorp DE now owns 86,052 shares of the exchange traded fund’s stock valued at $1,118,000 after purchasing an additional 8,025 shares during the period. Proficio Capital Partners LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $197,000. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at $3,602,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.8 %

NASDAQ:PDBC opened at $12.79 on Tuesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.02 and a 52 week high of $14.50. The business’s 50 day moving average is $13.25 and its two-hundred day moving average is $13.37.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed.